Loan Acquisitions

 

Matrix has an experienced management team responsible for sourcing and executing nearly $190 mm in loan acquisitions since early 2009 .

Haven Trust Bank Loan Portfolio – Acquisition and asset management of 92 commercial real estate loans with a total unpaid principal balance of approximately $107 million on behalf of Colony Capital, LLC from the failed Haven Trust Bank of Georgia through a competitive FDIC auction process. The loan portfolio is secured primarily by limited service hotels and convenience stores/gas stations concentrated in the Atlanta MSA and the southeastern US.

Thousand Oaks Loan – Acquisition of a single performing commercial real estate loan with an unpaid principal balance of $11.25 million on behalf of Colony Capital, LLC from Bank of America in an off-market transaction. The loan is secured by a 60,000 square foot office building in Thousand Oaks, California. 

Florida Loan Portfolio – Acquisition of 11 commercial real estate loans with a total unpaid principal balance of $33 million on behalf of Colony Capital, LLC through a competitive auction process. The loan portfolio is secured by 7 retail assets and 4 office assets located primarily in southwestern Florida between Palm Beach and Miami.

Bear Creek Loan Portfolio – Acquisition and asset management of 9 commercial real estate notes with a total unpaid balance of $38 million on behalf of Colony Capital, LLC from National City (PNC) and CW Capital through a DPO agreement with the Borrower. The loan portfolio is secured by 240 multifamily units and 45,700 SF Lowes shadow anchored retail center in Petoskey, Michigan.